Sorry i was editing lol. So any PM legal tender that demands a higher price than face value or bullion value is a semi numi? Thanks
The next one are the 1927 Parliament Florin ~sleeper, hope this help. I get nothing for sharing ; do yours own home work.
Semi-numismatic coins do not have to be old. When I think of semi-numi's, I think of coins that are not considered bullion coins and coins that have smaller mintage numbers in general. I think of coins that are sought after by collectors. I think of coins where the quality and condition of the coin is going to be the most important aspect other than the design aesthetics. Semi-numis can have been minted in 2014/2015 or any year up until then. There are many examples of modern semi-numismatic coins including many collector coins from the US Mint, Perth Mint, RM, Shenzhen, Shanghai and Shenyang mints, RCM, New Zealand Mint, and other mints from around the world. Just take a look at all the 1 oz silver coins out there that are selling for considerably more than $16 and have largely maintained their prices over the past 3 years in spite of the fact that silver has dropped like lead in a glass of water. In my view, a very good example of a 2014 semi-numi silver coin is the 2014 5 oz proof Britannia from the RM. .
Glad I got that one at the issue price. Before this thread, I didn't realise the definition of a semi-numis was so hard to pin down. Seems to be a bit of a continuum between bullion coins and semi-numis without 100% agreement on where the cutoff is. My attempt: Bullion Coins: Price is tied directly to the bullion price and includes a small, consistent premium. Semi-Numi: Price has begun to decouple from the underlying bullion price, but still varies according to the spot. Numi Coin: Price fully decoupled from any bullion content.
Coins - 1927 Parliament Florins, 1937 Crowns, 51 and 54 post commemorative florins, Morgan Dollars, Walking Eagle Half Dollar, Chinese Silver Candareens, India Silver Antique Rupee, Hong Kong Antique Silver, Straits Settlements Antique Silver, Malaya Antique Silver, All south american Antique Silver, Russia Antique Silver, Pre 1903 Japan Antique Silver, Korean Silver everything!!. Mongolia Antique Silver 1for1
That's interesting. Now that you mention it, I don't recall having ever seen a Korean silver coin. Are we talking North or South here?
South for sure.. North is something i have virtually seen nothing of.. but would imagine that would be "hot" also.. extremely difficult to source for various reasons... Korean stuff in general is mega low mintage with a very desirable subject matter and a significant demand over supply situation in the secondary market, hence prices blowing out well beyond book value the last 5+ years http://www.ebay.com.au/itm/1906-10-...0127196?pt=US_World_Coins&hash=item20efae3ddc 1for1
I am yet to see a 1oz silver coin selling for only $16 And are all proofs not Numismatic? Way too confusing!
Stick around a little longer and when the spot drops to $14 or below you probably could pick up a monster box of ASE's for about $16 an ounce/ coin. .
I think a good coin that demonstrates new semi numi coins are the wedge tailed eagles. Most lunars obviously fall into that category. Basically anything you can buy in rolls but would cost the same on Monday when spot is $15usd as they do on Wednesday when spot is $19usd but might change some if spot hit $12 or $25 on Friday.
I sure think they are. Any year other than the current seems to hold a higher premium therefore I believe they fall into semi-numi territory.
